Tag Archives: ISM

April ADP Jobs, ISM Non-MF, Auto Sales, March International Trade

Job Growth Eases, Service Sector Up, Autos Back on Track, Trade Gap Narrows The April ADP Employment Report showed a less-than-expected gain of 156,000 private-sector jobs. The ISM Non-Manufacturing Index increased in April to 55.7 on pricing and new orders. … Continue reading

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March ISM Non-MF, February Trade and JOLTS

Trade Expected to Drag on Q1 GDP, Service Sector and Labor Data Positive The ISM Non-Manufacturing Index for March increased to 54.5 percent. The U.S. International Trade Gap widened in February to -$47.1 billion. The JOLTS Report for February showed … Continue reading

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February ISM Manufacturing, January Construction Spending

Merely Mortal Data for Super Tuesday The ISM Manufacturing Index for February increased to a barely contractionary 49.5 percent. Construction Spending increased by 1.5 percent in January as highway construction surged. The ISM Manufacturing Index for February increased to 49.5 … Continue reading

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January ADP Jobs, ISM Non-MF Index, Auto Sales

Jobs Increasing, Cars Driving, Service Sector Expanding, but at a Slower Rate The January ADP Employment Report showed a gain of 205,000 private-sector jobs. The ISM Non-Manufacturing Index for January dipped again to a still-positive 53.5 percent. January Auto Sales … Continue reading

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January ISM-MF, December Income/Spending, Construction Spending

A Shifting U.S. Economy Struggles to Find Traction This Winter The ISM Manufacturing Index for January increased slightly to 48.2 percent, still indicating contraction. U.S. Personal Income lifted by 0.3 percent in December. Real disposable income gained 0.4 percent. Nominal … Continue reading

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December ADP Jobs, ISM Non-MF Index, Auto Sales, November Trade

Data Support Case for Ongoing Momentum in 2016 The December ADP Employment Report showed a strong increase of 257,000 private-sector jobs. The ISM Non-Manufacturing Index for December dipped to a still-positive 55.3 percent. December Auto Sales missed expectations, easing to … Continue reading

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December ISM Manufacturing, November Construction Spending

Manufacturing Sector Contracts for Second Month The ISM Manufacturing Index for December decreased again to a contractionary 48.2 percent. Construction Spending decreased by 0.4 percent in November as public construction eased. The ISM Manufacturing Survey declined in December to 48.2 … Continue reading

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Comerica Economic Weekly

U.S. payroll job growth for November was a little stronger than expected, coming in at 211,000 net new jobs. The unemployment was unchanged at 5.0 percent and average hourly earnings ticked up by 0.2 percent for the month. The solid … Continue reading

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November ISM Non-Manufacturing, UI Claims, Fedspeak and ECB

Nuanced Data, More Manifestations of the Desynchronization of Global Monetary Policy The ISM Non-Manufacturing Index for November decreased more than expected to 55.9 percent. Initial Claims for Unemployment Insurance gained 9,000 to hit 269,000 for the week ending Nov. 27. … Continue reading

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October ISM Manufacturing, September Construction Spending

Manufacturing Sector Approaches Stall Speed The ISM Manufacturing Index for October decreased again to a barely-positive 50.1 percent. Construction Spending increased by 0.6 percent in September, boosted by private multi-family. The ISM Manufacturing Survey declined in October, for the fourth … Continue reading

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